Nordax Bank establishes an MTN program

Nordax Bank AB (publ) has established an MTN-program (Medium Term Note) with a framework amount of SEK 3 billion. The program allows Nordax to issue both senior bonds and subordinated bonds (Tier 2 capital) on the Swedish capital market and will serve as a complement to the company’s existing financing structure.

Nordax has established a base prospectus which today has been approved by Finansinspektionen, the Swedish financial supervisory authority. The base prospectus is available on Nordax website, www.nordaxgroup.com and on Finansinspektionen’s website, www.finansinspektionen.com/en.

Source: Nordax Bank establishes an MTN program

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